AgdaPkt 2019-04-08 Joint SA PFA - Laserfiche WebLink

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7.B. - Page 20 of 42 2. Agency Mission & Role The Agency's mission would be to address sea level rise, flooding, coastal erosion, and large-scale stormwater infrastructure improvements through integrated regional planning, design, permitting, project implementation, and long-term operations and maintenance to create a resilient "one shoreline' San Mateo County by 2100. The Agency will work With stakeholders to plan, implement, and maintain multi jurisdictional projects that mitigate risks from SLR, flooding, and coastal erosion and enhance public benefits such as water quality, habitat, restoration, and recreation. Rather than create a new agency, the existing FCD would be modified to create the Agency. The FCD would need to be modified through passage of legislation which could be completed as early as June 201g. The cities (on a population -scaled basis) and the County would contribute funding to support the Agency for a three-year period beginning on July 1. 201Q (Startup Period). The Flood Resiliency Program would continue to be funded by the County and the existing FCD would utilize its existing property tax revenue to advance its projects. During this Startup Period, the Agency would do the following: Develop an Integrated Flood and Sea Level Rise Resiliency Investment Plan (Flood and SLR Plan). The Agency would develop an Integrated Flood and Sea Level Rise Resiliency Investment Plan for the Bayshore and the Coastside to address short-term (2050) and long-term (2100) SLR, flooding, and coastal erosion. The plan would be a living document that provides a mechanism for regional prioritization of projects and would recommend funding and financing options for long-term implementation. Secure Long -Term Funding. During the Startup Period the Agency would pursue a stable long-term funding structure to fund its operations, such as an Enhanced Infrastructure Financing District, a Geologic Hazard Abatement District, or a targeted special tax. This would require community and stakeholder engagement and outreach on the need for long-term resiliency and any potential revenue measure. Continue Implementation of Flood Resiliency Program Projects. The Agency would implement existing and new projects in collaboration with individual cities or groups of cities pursuant to MOUs, creating multi jurisdictional solutions. Existing Flood Control Zone Services: The Agency would continue oversight, management, and execution of projects in the three existing Flood Control Zones. This work would be contracted back to the County during some or all of the Startup Period. • Leverage State and Federal Funding. By prioritizing and coordinating projects countywide, the agency would position the County to seek substantial state and federal funding. Flood and Sea Level Rise Resiliency Agency Proposal 212